Last year, that is 2020, was not the year anyone would have thought of. The year had taught humans a lot. People after living in four boundaries for several months will have understood that anything can happen to live at any moment. Life is unpredictable. One is driving his vehicle down the road, obeying the speed limit rules, and at the very next moment gets into an accident due to the mistake of another driver. Disease never gets attached to the person after observing whether the person is rich or poor. Health is considered wealth, so one should look and spare his time in maintaining his better health. Thus, it is a necessity to have a backup cover for a safe future for the individual and his family. There is a way which can help in making things a little simple, that is by taking up health insurance. It doesn't matter which plan you take as benefits of health insurance plans 1 crore or insurance plans of ten lakhs are the same. What matters is that every individual in the society should have health insurance for a better future.
First of all, let's discuss what insurance is. It is a time-based agreement between the provider and applicant that the provider will provide with money which has been mutually agreed with both the parties when the applicant has claimed for the certain task if the applicant has paid all his premium timely.
There are varieties of companies which have insurance policies for everything, be it home, car or bike, health or travel too. A travel insurance policy is applicable when the travel flight, train gets canceled at the very last moment or when the luggage of the traveler has been misplaced. Health insurance is one of the most important insurance policies. There is nothing that comes above the health of an individual. Health insurance policy has become a necessity these days. In this pandemic time, the thing which has helped most of the individuals is health insurance.
There are various insurance policies available in the market. But for this article, we will discuss health insurance worth 1 crore. This article deals with the benefits of the health insurance policy of one crore and also discusses the importance of health in one's life.
Here are some of the benefits of a health insurance policy worth one crore:
- It provides a complete package of medical expenses from ambulance service to the post-hospitalization period that is the expenses of nursing, doctor visits, surgery charges, medical charges, etc. It covers up to thirty to sixty days of expenses from pre to post-hospitalization expenses.
- One can get tax benefits under the income tax act which has been established in the year 1961, that is one can easily avail of all benefits on premium paid.
- The cashless treatment has been what most of the applicants wish for. Under this policy an individual can easily avail cashless transaction option that is the money will be directly paid to the hospital, when the patient or applicant claims for it.
- Claim-free years, the bonus amount will increase as the amount of the total money of insurance increases.
- The best part of this insurance policy is that it is also used in covid virus treatment. It can be used in this pandemic period to combat the deadly virus. At Least it will lower down a little burden on the patient and his family members.
- It provides special benefits to family plans. The individual can take up the insurance for himself and his family.
- It provides medical checkups to its clients to its individual annually that is once a year. Thus this medical checkup also helps in finding out whether the person is healthy or not.
These were some of the benefits of applying for the health insurance cover of one crore rupees. One will not compromise the life of himself and his family for the sake of little money which is meant to be paid in the name of premium.
There are a variety of health insurance companies that provide different policy aspects to their customers. But for now, let's discuss the Care Insurance company. Let us discuss the policy terms set by these companies. The minimum entry criteria are for an adult of five years of age and children from ninety days after the birth, in the floater policy. The company provides a lifetime renewable policy for their insurance holders, providing them more benefits. The initial waiting period is set to be thirty days from any of the illnesses. The grace period which is provided is a minimum of thirty days from the date of expiry of the insurance. The company also provides some extra benefits to their new customers attracting more applicants. The network and the marketing strategy of the company are extremely nice. It is connected roughly to more than eight thousand hospitals across the country. Care health insurance is worth a try
